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CNBC 12
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CNN
May 3, 2014 12:00pm PDT
and others. and in germany. >> family members are outraged. they were hurt that these support centers are closing in by a jenning but at some point, an airline has to say, we don't have any more information, right, we have to do this or is this timing particularly bad? >> well, the timing is particularly bad because there is still for the answers where their loved ones are. but in most air crash accidents, certainly all the ones i have worked on, the airline usually closes down its support system and they have a care team assigned member assigned to each family. they cut that off at about day 45 and that's pretty standard and the reason is, that is in most cases, the case is moving on to a different stage, here because they don't have a plane or their loved ones, it's particularly bad timing. it's not unusual to close it down about this point. >> oh, boy, thanks so much to both of you. appreciate it. >> already. the other woman in this clipper owners scandal is talking. what she told barra walters about her relationship with donald sterling and whether she thinks she a racist. first,
CNN
May 3, 2014 7:00am PDT
to be making much of a difference and now you've got the white house and you've got germany and other members of the european union who are threatening more sanctions. how might that really impact the situation there? >> well, sanctions need to do two things. one, they need to punish the russians for the actions that they've already taken in annexing crimea, illegally, totally unprovoked. the second thing they need to deter the russians from further action. the russians have already gone beyond crimea. they've already sent their special forces into eastern ukraine to stir up trouble, and that's the trouble you're seeing now in eastern ukraine. it is only in eastern ukraine where the russians sent in their special forces that there's any difficulty around that country, around ukraine. the rest of the country is calm. so the sanctions which should go into effect now, the elevated sanctions, the harsher sanctions are necessary now, not waiting for two more weeks. >> the u.s., president obama had been meeting and talking with angela merkel. germany has some leverage in all this, doesn't it? it se
CNN
May 2, 2014 2:00pm PDT
in putin. >> wolf, i think angela merkel, the chancellor of germany realizes that europe is not going to do anything and i think they have to respond, as you put it, to the putin challenge. i think military options are not off the table because they are week but because they are impossible to imagine. you're talking about going to the russia of border where russia spent 20 times what ukraine does on russia's budget. it's not clear what the ukrainian army is. remember, a large part of the ukrainian army in the east are ethnic russians. it's not entirely clear that they would side with the government. the sanctions route is the one that has to be tried and the german chancellor seems pretty firm that the europeans would join in broader sanctions and they want to keep ratcheting them up. it's important to know how much of an effect they have had because they have created so much uncertainty about russia that no one is investing. the stock market is down 13%. russia tried to borrow money on the international markets last week. they had to withdraw the offering because they couldn't borrow any m
CNN
May 2, 2014 8:00am PDT
? >> stand by. jim, how much distance, daylight, is there between the u.s. and germany on the imp sigs of sanctions? >> clearly enough to keep the real sector sanctions. really the step that's going to make a difference and impose a real economic price on russia and we saw that difference in the last week when you had the obama administration seemingly teeing up harder sanctions than they were able to deliver when announced earlier this week. but two, the u.s. administration has made clear that they're holding those sanctions for the event that russian troops roll across the border into ukraine and they'll make the point we need that step, we need to impose some sort of price. the trouble is, that lays out the possibility for what's happening now, which is in effect, the stealth invasion. russian directed separatists taking over cities and towns causing disruption, shooting down helicopters. it's a real problem. >> the u.s. has made the point, administration officials make the point over and over again, the unity of the united states with the european union is what's all important here
CNBC
May 2, 2014 9:00am EDT
in germany are not favorably seen, at least by the german business lobby. let's get to john harwood at the white house with more. john? >> not seen positively by the german business community or the business community elsewhere in europe, but i expect them to talk about trying to maintain a united front on sanctions. the nsa. they will have a news conference, a press availability after their meeting around 11:45 and i think you can also expect, carl, the president to have some sort of remarks off the top about these stronger than expected jobs numbers. >> all right. john, we'll come back to you for that later this morning. john harwood at the white house. another sign of the economic recovery. the ceo of host hotels, the country's largest lodging reit, says group bookings are up. he'll join us live in just a few minutes. later on, the ceo of expedia will join us with the first reaction to earnings last night. a lot more "squawk on the street" with dows close to session highs up 48. ♪ [ banker ] sydney needed some financial guidance so she could take her dream to the next level. so
CNN
May 2, 2014 6:00am PDT
and on this issue, of course, of ukraine. it is also important to note that germany has a lot of economic ties with russia, and the question is whether you put more economic pressure on that country and actually affect the economic relations between germany and russia. so, a lot to think about here especially since big german companies, volkswagen to name one, have a huge stake in russia. and the more pressure you put on, the harder it is for those companies to continue to do business very well and thrive, carol. >> joe johns reporting live from the white house this morning. thank you. >>> still to come in the "newsroom," tensions flare and ukraine's military mobilizes. we'll look at a new offensive that could push the country closer to widespread fighting. [announcer] play close-good and close. help keep teeth clean and breath fresh with beneful healthy smile food. with special crunchy kibbles and great taste, it's a happy way to a healthy smile. beneful healthy smile food and snacks. the average person will probably eat something or drink something that is acidic on a daily basis. those acid
CNBC
May 2, 2014 4:00am EDT
has put up for sale and includes other allergy medication such as claritin. reports say germany's buyer is closing in on a deal to buy the unit for about $14 billion. on wednesday, another possible bidder, said it was no longer in the running. they could announce the transaction in the next few days. shares in frankfurt at this hour, they're trading up, a bit over 1% at the moment. back to you. >> bertha, thanks for that. good to see you. >> you, too. >> thank you. >>> in earnings news, linkedin reported a net loss. excluding items, the professional social networking site beat analyst forecasts as revenue rose 46%. membership rose 7%, the same growth rate as the fourth quarter. linkedin is forecasting full-year revenue growth below analyst estimates. shares in linkedin today currently up, 4% in frankfurt. they were down heavily after hours in the united states. >>> kraft foods has reported higher first quarter profits helped by cost cuts and moves to manage prices for key ingredients. revenue fell which missed analysts forecasts. kraft will be raising prices for nearly half of i
CNBC
May 1, 2014 9:00am EDT
job. gave you a percentage of how many are negative. germany are doing more slamming there than in the united states. look, yelp is -- is it an honest broker? yes. i have 4.5 stars right now. >> ve-- in the restaurant. >> what happens if that falls? >> i'll tell you what i think of yelp if that falls. >> 4.5. i thought -- can you get 5? >> guy came in and did 3 and blamed, you know, i don't know said that i wasn't hosting well. hosting last night, did a darn good job. >> what's coming up on "mad money" tonight? >> two companies that reported dynamite upside surprises. one is reacting positively, the other is reacting negative. now they're both negative. very interesting. harman and dominos reported upside surprises that were up, stocks up, getting hit. that's the old pattern we experienced with the yelps and concurs. how about this. old economy not doing as well today. look at clorox. another one that people thought, hey, you can't miss. so let's see, i happen to be big believers in harman and dpz. not giving up on those. we have to learn more. >> finally after this week's gdp n
CNBC
May 1, 2014 4:00am EDT
. very different in structures like germany and france. doesn't belong in the sing currency in my opinion. whether it joined the european union is the question. there's plenty to game. membership in the single market, it's a huge positive, particularly when you open up markets with trade and investment. that's been the anchor for growth in places like poland and the czech republic. the institutional reforms that need to join the european union are important. these are countries that net beneficiaries in a fiscal sense. they have huge structural funds flowing to these countries in order to facilitate the catch up growth. >> the new members of the eu, how long before they join the euro? because it's implied that when you join the eu now, you also at some point will enter single currency. >> the uk has an appetite. the new members don't. so it is implicit within the terms of the succession that they will at some point -- yet to be determined -- join a single currency. that's the key point, the events of the past two or three years has an appetite for entry into the single currency. czech, hu
CNBC
Apr 30, 2014 12:00pm EDT
, germany's come down to record lows, and now you're seeing predictions on the spanish economy in 2015 at 1.7%. so you've got this expansion, yet draghi still talking about quantitative easing. it's probably baked in. so what i think is rather than the global economic decline we saw in 2008, beginning in 2007, we'll have a nice march upward, except perhaps in the emerging markets, which in my view there's no real reason to go there. >> so grasso on the floor of the stock exchange, give me a read of the feeling down there as april's going to come to a close, we're about to enter what has been over the last four years a rough month for the markets. you could look at some internals of the market and say, you know, the russell 2000 is up against the 200-day, breaking that. that's a potentially worrisome sign. what do you say down on the floor? >> last week we pointed out the negative head and shoulders pattern that was beginning to form, the right shoulder. the s&p cash, it's 1,883, is the level that you want to watch. we're 1,878 right now. that's the level that the markets have the most time
CNBC
Apr 30, 2014 6:00am EDT
. germa germany seem siemens isn't accepting that bid. >> reporter: they can solicit unsolicited bids. to that end, siemens is ready to sweeten an earlier bid, offering to swap some not all of the power assets along with cash. they called ge's offer compelling, alstom has untildown kd 2nd to make a decision. it would then seek approval of the company shareholders as well as the labor board. alstoms largest expects if offer. if approved it will immediately add to the companyings earnings eight to ten cents a share. it will mean that 75% of ge's operating mar jens will come from its industrial operations by 2016. that's important because it's targeted 70% of margins from industrial operations. so that allows it to exceed that goal. it sees $1.2 billion in cost savings. the therm am renewables and businesses would be the biggest acquisition of the ceo's 13.5 year tenure. in a statement. they say it furthers ge's strategy of expanding into industrial businesses leak power and water. now, when news of the ge bid first leaked, alstom is considered an industrial treasure. politicians were al
CNBC
Apr 30, 2014 4:00am EDT
recycling plant as well in germany. where does this leave the aluminum sector now? the prices are almost half in 2008. we have massive overproduction. >> we believe that -- actually we use the word cautiously optimistic now. what we see for the better part of 2014 and also into '14 is that we see aluminum demand outpacing aluminum production for quite some time now, which is a new situation we haven't seen for quite some time. with that being said, i think it is important to note that we do have a huge inventory and the industry is such that we'll have to come to the market at some point in time. just the fact that production is now lower than demand is a good situation for the industry. >> i suppose this is about demand outside china. how much does china impact, when you talk about demand outside china, talk about demand inside china. >> we believe china will be self-sufficient on primary production. we have said that for quite some time. we believe the industry very much concurs with that. we saw china back within we had the financial crisis quickly adapting to lower demand in their co
CNBC
Apr 29, 2014 9:00am EDT
a two-day meeting today and europe is up across the board led by the dax in germany. our road map goes like this. a day we here at cnbc has been counting down to. our official first 25 list of rebels, icons and leaders unveiled this morning. we'll bring you the ranksings. >> merck shares are higher in the premarket after it beat the street despite some generics cutting into revenue and reaffirmed full-year guidance. >> coach shares lower in the premarket. women's accessories taking a lit despite earnings coming in ahead of consensus. first up, the list is out, this morning cnbc has unveiled its first 25 list as we celebrate 25 years on the year. the people who have had the biggest impact on business and finance over the last quarter century. the top 5 is led by steve jobs, followed by bill gates, ben bernanke, alan greenspan, the google guys, written, page and schmidt and jeff bezos. on "squawk on the street" we'll have interviews with two of the first 25, starbucks ceo and chairman howard schultz going to sit down with jim and david has hewlett-packard's ceo meg whitman later on in th
MSNBC
Apr 29, 2014 6:00am PDT
at once or one could say it do it step by step in a way that most likely will be effective. >> germany depends on russia for a third of its energy and would be key to applying more pressure. by the way, german chancellor angela merkel will meet with president obama at the white house later this week. on monday, russia's defense minister assured chuck hagel that russia will not invade ukraine. ukraine's acting president urged lawmakers today in kiev to quickly adopt a new constitution he says could preserve unity. militants continue to hold dozens of hostages, including seven military observers. on monday evening there were violent clashes in donetsk after the militia attacked demonstrators during a unity rally. jim maceda was at that rally and joins us live from donetsk. jim, you have been covering this from the beginning and it appears as though the violence, the tension continues to just escalate. is that a fair assessment? >> reporter: yeah, kristen, i would say that the fair assessment is that this region is always teetering on violence. it's on the edge of anarchy and it could go
CNBC
Apr 29, 2014 4:00am EDT
's stronger than what france can do. it means that europe must have a strong growth everywhere, in germany, spain, uk, to go to converge to this target. >> do you think the french economy would be able to benefit from the growth from other countries? >> that's one of the targets of the plan is to say we tried to improve the company's situation and in that case, it will be both to capture the eurozone trajectory. that's the target of the government. >> phillip, when we tried to reform the french economy, there's always something funny or perhaps even worrying. the best reform in france is always the one that is not impacting myself. so french people are reluctant of the impact of the reform. >> it's mostly everywhere always the same thing. it's always better when your neighbor is changing its mind in this situation. what we see and what is important currently in france is that gdp per capita growth, it means that what you earn is what i lost. there's one winner, one loser. and that's why it's practically difficult at this moment of the cycle. that's why manuel vass ask ed, o try to make thi
CNBC
Apr 28, 2014 9:00am EDT
relations. germany, france, we have to go down the list. fascinating story in the times about putin's money about whether it is real or not. so many different situations to keep track of after this. female announcer: sleep train's interest free for 3 event ends sunday. it's your last chance to get three years interest-free financing on beautyrest black, stearns & foster, serta icomfort; even tempur-pedic. plus, get free delivery, and sleep train's 100-day low price guarantee. but hurry! sleep train's interest free for 3 event, ends sunday. ♪ sleep train ♪ ♪ your ticket to a better night's sleep ♪ at your ford dealer think? they think about tires. and what they've been through lately. polar vortexes, road construction, and gaping potholes. so with all that behind you, you might want to make sure you're safe and in control. ford technicians are ready to find the right tires for your vehicle. get up to $120 in mail-in rebates on four select tires when you use the ford service credit card at the big tire event. see what the ford experts think about your tires. at your ford dealer. on ca
CNBC
Apr 28, 2014 6:00am EDT
if we have shown the stock, but you can see that trading slightly up, 31.02 is the number. and germany's british consumer giant ricket is said to be among the final contenders. merck's cop summer unit is best known for coppertoen sunscreen and claritin. >> for rickets. >> for rickets? >> yeah. >> thank you. i know where you are going with that. >> i'm not going anywhere. i missed you. i i am just glad you are here. i'm glad you are not in the seminary here, which would be a shocker. anyway, that was a big day. >>> we have another big deal. this is a european situation. >> you go up against the -- over here we might be a little bit nationalistic about some of our companies, like i didn't want the bacon. and bacon is like $12 a pound now. you don't have to say i was right about that, but we didn't want to sell smith view. nothing happens with the final say. >> it's always been that way in france. >> i know. i'm not surprised. >> this is just like welcome to france, welcome to the world. >> they didn't want to sell yogurt. now this is the crown jewel of the industrial -- do they have anyt
FOX News
Apr 28, 2014 3:00am PDT
of trade, especially in the energy sector. so germany, spain, italy and france are not doing anything about this because they don't want to be hit in the pocketbook. >> it affects all of these nations video. these countries do business with russia. we talked about many times the natural gas imports to russia that are really affected -- i mean from russia into europe that are really affected. that becomes a problem for initiating these sanctions. there is reporting about a break in the white house of whether to do it unilaterally or wait for everybody to speak in one voice. so far we're waiting for everybody to speak in one voice. >> we also heard the president mention that there was -- seemed limited, but high-tech assistance being sent into the region. what can you tell us about that? >> it's interesting. they haven't obviously sent any weapons into the region, but there could be some communication devices, some communications equipment that is going to the ukrainians. they are drawing the line there will not be military assistance and lethal weapon assistance to the ukrainians. the presid
CNBC
Apr 28, 2014 4:00am EDT
. a big move in astra's shares, one of the top on the ftse, 14%. pfizer a slight bit higher in germany today. katherine boil is joining us with more on that. there's been a lot of discussion behind the scenes, is the next offer going to be a hostile one? >> well, it looks like pfizer is very much taking that tone with the statement today saying they made a couple of efforts to engage with astrazeneca management and they are not engaging back and are going directly to shareholders. what we have to see next is how much of a sweetener they are coming back for the shareholders because actually, if you look at astrazeneca shares today, they are trading close to the initial offer price made back in january. so pfizer definitely is going to have to add a little bit more to that to see shareholders really respond. >> no doubt the hedge funds are snipping around this deal already, but when we talk about the hostile approach, these are much more difficult to get across. but you have a backdrop where big farmer is on the move with the hallowed activity out there. do you think it's us is taped for
CNN
Apr 26, 2014 7:00am PDT
's one in germany. there's only two really that would be available. >> thank you so much for your time. appreciate that. >> all right. >>> a teenager was stabbed to death in the stairwell of her high school on prom day. the stunned student body and police. they all want to know why. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >>> investigators in connecticut are trying to figure out the motive behind a deadly attack on a 16-year-old honors student. it happened yesterday at a school in milford. just about 20 miles away from newtown. police say a classmate slashed maren sanchez to death in a school stairwell. this is heartbreaking. what happened? >> she was a very popular girl. we're hearing a lot on social media from her friends and family. at about 7:00 a.m. this all unfolded in the stair
Search Results 0 to 19 of about 20